Termination Without Cause definition
Examples of Termination Without Cause in a sentence
In the event Executive provides notice to the Company of his voluntary termination of employment, the Company may accept such resignation, waive any remaining notice period, and accelerate the date of Executive’s termination of employment, and any such waiver and earlier termination of employment will not constitute a Termination Without Cause.
Any payment made pursuant to this Section 5(b) that is not made following Executive’s Termination Without Cause or Termination For Good Reason because Executive has not executed the release described in Section 5(c) shall be paid to Executive in a single lump sum on the first payroll date following the last day of any applicable revocation period after Executive executes the release.
The Parties further acknowledge and agree that this termination of the Employment Agreement and Employee’s employment with Employer does not constitute a Termination for Good Reason, a Termination for Cause or a Termination Without Cause (as each such term is defined in the Employment Agreement) and that all notice requirements, if any, have been expressly waived by the Parties.